Wells, TX Foreclosures
How much do homes sell for in Wells, TX?
The average home price is currently $145,733.
In Wells, TX, how many homes are available?
There are currently 42 active home listings available in Wells.
What’s the average rental cost in Wells, TX?
The average rental price in Wells is $912.
What is the most expensive home in Wells?
The most expensive home sold in Wells had a price of $900,031.
What is currently the cheapest priced home in Wells, TX?
The cheapest home for sale in Wells is priced at $25,160.
Living in Wells, TX
Wells, Texas is a tranquil town that offers a serene lifestyle with a strong sense of community. It boasts beautiful natural surroundings, perfect for outdoor enthusiasts. With essential amenities and a focus on education, Wells is ideal for families and those seeking a peaceful living environment.
Current Market Conditions in Wells, TX
The real estate market in Wells, TX is characterized by stable prices and a steady demand for housing. With a mix of both affordable homes and more luxurious options, Wells is attracting a variety of buyers, including families and retirees. The slow but steady growth in population contributes to a healthy market, with new listings becoming available frequently.
In recent months, homes in Wells have seen slight appreciation in value, reflective of the overall trend in smaller towns across Texas. The affordability of property here compared to larger cities makes it a viable option for many seeking to relocate or invest.
Investors are increasingly looking at Wells for rental opportunities as the local job market is improving, providing potential for steady rental income. As the town develops while retaining its small-town charm, it presents unique investment opportunities.
Home Value Estimator For Wells, TX
There are currently 224 real estate properties
in Wells, TX,
with a median automated valuation model (AVM) price
of $115,007.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wells, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Wells, TX,
is $145,733.00, with the most expensive house
in Wells, TX, topping out
at $900,031.00 and the cheapest home
in Wells, TX,
clocking in at $25,160.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wells, TX!
Rent Prices
In Wells, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wells, TX, is on
a rollercoaster ride. The
average rent price in Wells, TX,
is $912.00. Indeed, when looking to rent in
Wells, TX, you can expect to pay as little
as $620.00 or as much
as $1,400.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Wells, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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